Top gainers & losers today 28th Feb 2025: Shriram Finance, HDFC Bank, Coal India, Trent and Hindalco shares lead gains, Adani Green Energy, ACC, IRFC, ABB India and MobikWik hits 52-week low
Stock market update: M&M, Bharti Airtel, Bajaj Finance, Adani Enterprises, and Adani Ports among top gainers; Hindalco, Dr Reddy’s, TCS, Sun Pharma drag.
BSE's Sensex dropped more than 730 points, or 0.94 per cent on Monday, to 76,774.05. Similarly, Nifty50 crumbled 243 points, or 1.04 per cent, to 23,239.15 at the opening tick.
Stocks including Tata Steel, M&M, Dr Reddy's Labs, Maruti Suzuki, RVNL, Mankind Pharma, Ola Electric, Tata Technologies and more will be in the spotlight on Wednesday, January 08.
Jindal Worldwide Ltd. on Tuesday said that it will issue four bonus shares to its shareholders against one each held by them. According to the exchange filing, the company will issue bonus equity shares in the proportion of 4:1 — four new fully paid-up equity shares of Re 1 each for one existing fully paid-up equity share of Re 1 each held — to eligible equity shareholders.
Gala Precision, Suzlon Energy, Mazagon Dock, SpiceJet, Ola Electrics, Granules India, Zydus Life and more may remain under the spotlight on Monday, September 09.
Several major companies, such as Vodafone Idea, Hindustan Aeronautics (HAL), Mazagon Dock, Hero MotoCorp, IRFC, IRCTC, HUDCO, Apollo Hospitals, Samvardhana Motherson, GMR Airports Infrastructure, Nykaa, and Ola Electric, are set to release their June quarter earnings reports this week.
The 30-share BSE Sensex pack surged more than 800 points to hit an all-time high of 81,522.55 and the broader NSE Nifty index moved over 200 points to trade at a fresh record peak of 24,837.75.
The selling in this space intensified this week after capital market regulator SEBI raised concerns over the steep run in the midcap and smallcap stocks and the unprecedented inflows that these funds have also seen in the last one year.
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BSE 500 stocks such as EIH, VMart Retail, KIOCL, Paytm, NBCC, JB Chemicals, Nykaa and YES Bank jumped up to 12.21 per cent. In contrast, GSFC, Navin Fluorine, Redington, EID Parry, Jindal Wordwide and NLC India cracked up to 4.79 per cent.
BSE Sensex jumped 454.67 points, or 0.63 per cent, to end at 72,186.09. NSE's Nifty50 gave up 157.70 points, or 0.72 per cent, to end the session at 21,929.40.
Jai Balaji Industries shares climbed 999 per cent to close at Rs 600.10 on Friday compared with Rs 54.60 on December 30, 2022, joining the billion dollar club. This iron & steel sector company commanded a m-cap of $1.15 billion
Nifty50 was largely in line with global indices in August, but remains a laggard YTD, the report said. Most major global indices were under pressure during August with Chinese indices among the worst performing indices.